Ripple is basically a infrastructure technology that helps banks to perform real time settlement in payments. Ripple have its own crypto currency called XRP and it provides global financial settlement solutions to enable the world to exchange value like it already exchanges information. Ripple solutions lower the total cost of settlement by enabling banks to transact directly, without intermediaries, and with real-time certainty of settlement. Banks around the world are partnering with Ripple to improve their cross-border payment offerings. At the time of writing this article Ripple is working with 15 of the top 50 banks.

Zcash is a new type of open-source and decentralized cryptocurrency. Its technology innovation has gained increasing attention from crypto community since the launch in late 2016. There was so much hype during the listing and it started trading at 3300 BTC per 1 ZEC and eventually got cracked. Zcash has enhanced Bitcoin 0.11.2 code version with fully protected privacy of transactions using zero-knowledge cryptography.

Forked from Bitcoin, Litecoin is a peer-to-peer Internet crypto currency that enables instant, near-zero cost payments to anyone in the world. Similar to its big brother, Litecoin is an open source, global payment network that is fully decentralized without any central authorities. The Litecoin blockchain is capable of handling higher transaction volume than Bitcoin.

Sia, a platform for decentralized storage. Sia enables the formation of storage contracts between peers. Contracts are agreements between a storage provider and their client, defining what data will be stored and at what price. They require the storage provider to prove, at regular intervals, that they are still storing their client’s data. Contracts are stored in a blockchain, making them publicly auditable.
Sia uses a cryptocurrency, Siacoin, to enable decentralized payments via file contracts. All payments on the network happen in Siacoin, which is a critical component of our cryptographic SLAs. Siacoin allows us to do things that would not be possible with Bitcoin or traditional online payments.

WHAT IS SIA

Sia, a platform for decentralized storage. Sia enables the formation of storage contracts between peers. Contracts are agreements between a storage provider and their client, defining what data will be stored and at what price. They require the storage provider to prove, at regular intervals, that they are still storing their client’s data. Contracts are stored in a blockchain, making them publicly auditable.

Sia uses a cryptocurrency, Siacoin, to enable decentralized payments via file contracts. All payments on the network happen in Siacoin, which is a critical component of our cryptographic SLAs. Siacoin allows us to do things that would not be possible with Bitcoin or traditional online payments.